Karnataka revises monthly profession tax rates under 1976 Act, with effect from April 1, 2025; February’s rate set higher than other months.
DGFT revises Coal Import Monitoring System (CIMS) policy; registration fees now aligned with Appendix 2K, effective immediately from April 15, 2025.
Summary of key changes under the Banking Laws (Amendment) Act, 2025, covering RBI, Banking Regulation, SBI, and acquisition laws.
IFSCA notifies the Capital Market Intermediaries Regulations 2025 for entities operating in IFSCs, covering registration, obligations, and conduct.
RBI updates lead bank responsibilities after Rajasthan’s district reorganisation; roles for Jaipur and Jodhpur modified, others retained or revoked.
The Government of India has increased the Dearness Relief for Central Government Pensioners and Family Pensioners to 55% effective January 1, 2025
The government has announced an increase in Dearness Relief for 5th CPC series CPF beneficiaries receiving basic ex-gratia payments, effective July 1, 2024.
IFSCA releases regulations for KYC Registration Agencies in IFSC, outlining registration, operational, and compliance requirements for these entities.
RBI cuts repo rate by 25 bps to 6%. Standing Liquidity Facility for Primary Dealers now available at the revised rate as per April 2025 policy update.
RBI reduces Bank Rate to 6.25%. Penal interest on CRR and SLR shortfalls adjusted accordingly. Effective from April 9, 2025.
